Commodity Currencies Gain As Risk Appetite Returns to MarketMay 22, 2018 - By Nick Twidale
We saw the markets recover on a number of fronts during yesterday’s trading as it digested the latest developments in the US – China trade negotiations and other Geo-Political influences. The equity indices finished the day strongly in the US with the Dow closing up 1.21% however, treasuries saw little change on the day. The dollar finished the day slightly lower with the commodity currencies leading the way against the greenback and on the crosses, Aussie and Cad were the stand outs with the AudUsd finishing the day up around 1.0%. and AudJpy and CadJpy having even stronger moves.
Markets Rally as Trade Tensions EaseApr 11, 2018 - By Nick Twidale
The markets rallied across the globe yesterday as a much more conciliatory tone came through from both sides of the recent trade turmoil situation.
Dollar Continues to Appreciate as Stocks Drop LowerMar 1, 2018 - By Nick Twidale
We saw some good trading conditions yesterday after the market digested the previous nights comments from Fed Chair Jerome Powell. The dollar continued to grind higher as the stock markets had another bad day and US yields moved higher.
Dollar Surges After More Hawkish Powell CommentsFeb 28, 2018 - By Nick Twidale
We had the much awaited first hearing for new Fed Chair Jerome Powell overnight and he did not disappoint the dollar bulls in the market. As expected the actual report was very much in line with the recent Fed party line being but in the Q&A session afterwards he advised that his” personal outlook for the economy has strengthened since December”.
Quiet Start to the Week with Holidays Hitting VolatilityFeb 19, 2018 - By Nick Twidale
The much beleaguered dollar got a bit of a relief rally on Friday having spent most of the last week on the back foot. The Dxy did find new lows once again early in the day on Friday trading down to 88.34 before coming back strongly later in the sessions to rise back above 89.00.
Dollar Sentiment Changing at LastFeb 5, 2018 - By Nick Twidale
We saw another good print for the Non Farm Payrolls on Friday night as the headline figure came out 20k better than expectations at 200k.